Appreciation for MSAs:.

Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.

  • Springfield, Illinios: + 25.14%
  • State of IL: + 72.47%
  • Difference: - 65.31%

Springfield-IL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Springfield, Illinios .

Lets look at Mechanicsburg, Illinios, a city located in Springfield, Illinios MSA.

Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Mechanicsburg, Illinios check out Spec-Loan.com

If you were going to do a Mechanicsburg, Illinios Refinance, or Mechanicsburg, Illinios Reverse Mortgages, you could estimate your home value.

If you knew your Mechanicsburg, Illinios home was worth $101,000.00 in 1996, you could multiply by + 25.14%, add the gain and see the home should be worth $126,388.78 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Springfield-IL from 1996 to 2005:
+ 2.51%

Appreciation Comparisons

The top 5 performing MSAs from 1996 to 2005 were Salinas-CA, Napa-CA, San-Diego-Carlsbad-San-Marcos-CA, San-Luis-Obispo-Paso-Robles-CA, and Merced-CA .

  1. Salinas-CA increased +251.06% from 1996 to the end of 2005
  2. Napa-CA increased +216.57% from 1996 to the end of 2005
  3. San-Diego-Carlsbad-San-Marcos-CA increased +216.46% from 1996 to the end of 2005
  4. San-Luis-Obispo-Paso-Robles-CA increased +211.88% from 1996 to the end of 2005
  5. Merced-CA increased +208.10% from 1996 to the end of 2005

In contrast, the worst 5 MSAs from 1996 to 2005 were Florence-Muscle-Shoals-AL, Springfield-IL, Lafayette-IN, Columbus-IN, and Fayetteville-NC .

  1. Florence-Muscle-Shoals-AL only increased + 24.39% between 1996 and 2005
  2. Springfield-IL only increased + 25.14% between 1996 and 2005
  3. Lafayette-IN only increased + 25.82% between 1996 and 2005
  4. Columbus-IN only increased + 26.95% between 1996 and 2005
  5. Fayetteville-NC only increased + 29.59% between 1996 and 2005

Zip Code in MSA: 62545 - MECHANICSBURG, IL

MSA Pop: 204468
Zip Pop: 948
Avg Value: 72900
County: SANGAMON
Elev: 612
Region: Midwest
Lat: 39.80944
Long: -89.398242